Initiatives Support Farmers Transitioning to Organic
CCOF Foundation reports that Michelob has introduced an initiative called “6 For 6-Pack” that helps farmers transition six square feet of farmland into organic with each purchase of a 6-pack of the company’s ULTRA Pure Gold organic beer. The initiative is an expansion of an existing program launched in 2019 called Contract for Change, which offers 3- to 6-year transitional barley contracts with premiums for transitional and organic barley production. Meanwhile, the Midwest’s member-owned, Farm Credit cooperative Compeer Financial has introduced an Organic Bridge Loan Program to aid transitioning farmers. Loan proceeds can be drawn for two or three years during the transition process while farmers are only required to pay the annual interest. After organic certification, the loan converts to a term-loan with fully amortized principal and interest payments.